Data startup Palantir Technologies is in talks to raise money from private investors and may delay indefinitely an IPO that some expected for next year, according to Bloomberg. Bloomberg said the company has talked with Temasek Holdings Pte. of Singapore, SoftBank and other investors from outside the U.S., hoping to raise a significant round. No deal has been reached, the article said, and talks...
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The Electric electric vehicles
The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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